Service Tax Payment - URGENT
This query is : Resolved
Jyothy Rathna B.
(Querist)
30 August 2010
Hi,
I am working as Accounts Executive (company providing services in Information Technology) in a newly started company. We started doing invoices from April 2010.
I want to know whether we have to pay service tax next year because we did not cross 10,00,000.00 in the previous year, as Service Tax is exempt upto 10,00,000.00
Also i want to know how much and when we have to pay Service Tax this year ? Can i avail input Service Tax credit for the bills we got in previous year ?
I am working as Accounts Executive (company providing services in Information Technology) in a newly started company. We started doing invoices from April 2010.
I want to know whether we have to pay service tax next year because we did not cross 10,00,000.00 in the previous year, as Service Tax is exempt upto 10,00,000.00
Also i want to know how much and when we have to pay Service Tax this year ? Can i avail input Service Tax credit for the bills we got in previous year ?
CMA Chandan Singh
(Expert)
30 August 2010
Check the link
https://www.caclubindia.com/experts/when-to-charge-service-tax-first-time-471715.asp
https://www.caclubindia.com/experts/when-to-charge-service-tax-first-time-471715.asp
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